Carmelo Anthony Deal Nixed by Knicks, Newspaper Reports

The Knicks may be struggling on the court but apparently they're not willing to mortgage their future for Carmelo Anthony.

According to the New York Daily News, the Knicks rejected a deal that would have landed them the Nuggets star, deciding the asking price was too "steep." Indeed the Nuggets were asking for a lot: Danilo Gallinari, Raymond Felton, Eddy Curry and at least one first-round pick, according to the newspaper. (The Knicks would have also received Chauncey Billups).

Apparently team president Donnie Walsh and coach Mike D'Antoni both agreed the price was too high.

The newspaper reports that a deal may still get done before the Feb. 24 trade deadline but the Nuggets would have to lower their demands.

Trade rumors have linked Anthony to numerous teams, including the Nets, Lakers, Mavericks and Rockets. But according to the Daily News report, New York and Chicago are now the leading contenders to get the All-Star forward.